Housing in Rovigo, Italy

Italy's Residential Property Market

Italy's real estate values is in a crisis, as far as we know from 2011.Italy’s GDP growth was 0.8% during 2011. GDP growth of 0.6% was expected for the full year 2011, with even lower economic growth for 2012.

Rental Income Tax in Italy

Rental income tax is high in Italy. The rates range from 23% to 43%. Inheritance taxes are levied at 4% to 8%, depending on the relationship between the deceased and the beneficiary, with non-taxable threshold amounts.